China Satellite Stock Forecast - Daily Balance Of Power

601698 Stock   21.72  0.52  2.45%   
China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Satellite stock prices and determine the direction of China Satellite Communications's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Satellite's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, China Satellite's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 425.5 M, whereas Total Assets are forecasted to decline to about 20.8 B.
On July 19, 2024 China Satellite Communications had Daily Balance Of Power of 0.8913. Balance of Power indicator (or BOP) measures the strength of China Satellite Communications market sensitivity to bulls and bears. It estimates the ability of China Satellite buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring China Satellite Balance of Power indicator one can determine a trend of the price direction.
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China Satellite Trading Date Momentum

On July 22 2024 China Satellite Communications was traded for  15.04  at the closing time. The highest price during the trading period was 15.22  and the lowest recorded bid was listed for  14.90 . The volume for the day was 14.4 M. This history from July 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 2.73% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for China Satellite

For every potential investor in China, whether a beginner or expert, China Satellite's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Satellite's price trends.

China Satellite Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Satellite stock to make a market-neutral strategy. Peer analysis of China Satellite could also be used in its relative valuation, which is a method of valuing China Satellite by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

China Satellite Comm Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of China Satellite's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of China Satellite's current price.

China Satellite Market Strength Events

Market strength indicators help investors to evaluate how China Satellite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Satellite shares will generate the highest return on investment. By undertsting and applying China Satellite stock market strength indicators, traders can identify China Satellite Communications entry and exit signals to maximize returns.

China Satellite Risk Indicators

The analysis of China Satellite's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in China Satellite's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

China Satellite financial ratios help investors to determine whether China Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Satellite security.